Session8 Flashcards
What is innovation in a business context?
Definition:
The ability to conceive, develop, deliver, and scale new products, services, processes, and business models for customers. (Source: McKinsey, Aug 2022)
IBM Innovation Studio purpose
Key Points:
- A space to explore the impact of future technologies on business and society.
- Facilitates discussions, idea incubation, and collaborative projects.
Key focus areas for IBM Research
What’s Next:
- AI: Foundation models at enterprise scale.
- Hybrid Cloud: Seamless computing.
- Quantum: Quantum-centric supercomputing.
- Semiconductors: Innovations beyond 1 nanometre.
IBM Quantum System Two
Significance:
- First modular quantum computer.
- Cornerstone for quantum-centric supercomputing.
IBM Research Achievements
to be deleted
Milestones:
- 6 Nobel Prizes.
- 10 Medals of Technology.
- 5 National Medals of Science.
- 6 Turing Awards.
Adoption Chain Risk
Key Drivers:
- Usability.
- Customer experience.
- Relative benefit and cost considerations.
add context
Commercialising technical innovation
Key Insights:
- It’s a partner team sport.
- Success depends on shaping and navigating ecosystems effectively.
TradeLens Platform Overview
is this relevant?
Purpose:
- Digitising global supply chains.
- Managing documents like Bills of Lading and Customs Declarations.
- Tracking shipping milestones and events.
Telco Innovations with Open RAN
is this relevant? / what is RAN
Key Benefits:
- Software-defined infrastructure.
- Improves scalability, interoperability, and performance.
- Encourages competition with new players.
(Radio Access Network?)
Minimum Viable Ecosystem (MVE)
Best Practice:
Start small to balance value propositions and manage co-innovation risks.